Originally Posted by gale
Originally Posted by bearisgray
In my limited experience:
The buyer paid x amount which included shipping/postage.
If the buyer DID NOT check the "personal" box,
PayPal took a fee from ME, the seller, on the total amount.
So far, the percentage has varied from almost 10 percent to about 4.1 percent. The highest percentages are on the very low $ transactions.
the fee should always be 2.9% plus 30 cents or 3.9% plus 30 cents for cross border payments. If they are taking more, I would call. Here's a good site to figure out what fees should be:
http://www.rolbe.com/paypal.htm
On a transaction involving $9.70:
2.9% = .029
.029 x 9.70 = $0.28
$0.28 + $0.30 = $0.58
$0.58 / $9.70 = 0.059793814 = 5.98% of the total transaction
On a transaction involving $3.71:
.029 x $3.71 = 0.10859 -> 0.11
$0.11 + $0.30 = $0.41
$0.41 / $3.71 = .1105 -> 11.05% of the total transaction
The fee "hurts" the most on the very low dollar transactions.